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The EURJPY repeats negative closes – Forecast today – 20-5-2026
There is no change in the downward trajectory of EURJPY price, as it continues to maintain repeated negative stability below the barrier at 185.50, which also represents the 66.8% Fibonacci retracement level. Recently, the pair has formed additional bearish waves, settling around 184.30.
We emphasize the importance of gathering further bearish momentum, which would support the resumption of the downward move, targeting 183.50. A break below this level could extend trading directly toward 182.80, and then the next support level at 182.00.
The expected trading range for today is between 183.50 and 184.80
Trend forecast: Bearish
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